European stocks fall on uncertainty of US-China trade talks

European shares fell on morning trade on Wednesday, its first loss in five sessions, on correction and profit taking. The declines led the auto industry to fall amid investors' assessment of the development of US-China trade talks.

The Dow Jones Stoxx Europe 600 was down about 0.1% by 11:09 GMT, and ended yesterday's "fluctuated" session up 0.2%, its fourth daily gain in a row.

The Stoxx index slipped slightly on Wednesday morning on its way to its first loss in five sessions, with correction and profit taking activity, and with most major markets and sectors in the negative zone.

The car-manufacturing sector is leading the list of losing sectors in Europe, with investors assessing the development of trade talks between the two largest economies in the world.

US Secretary of State Mike Pompeo, said on Monday he believed Washington and Beijing were close to reaching an agreement.

Despite positive comments from the US administration, the market is currently waiting for further clarity on the terms on which differences have been resolved, especially intellectual property and technology transfer terms. 

S & P 500 futures fell 0.2%, and the ended yesterday's session down 0.1%, the second consecutive daily loss.

Euro Stoxx 50 fell 0.1%, amid France's CAC 40 falling 0.15%. and Germany's DAX falling 0.1%. whilst , the FTSE rising 0.15%, opposite to the European trend.